Versace Counterfeit "Victory" is Disputed by Griffith Suisse Luxury Group

In May, it was widely reported that Versace had won a counterfeit lawsuit against Griffith Suisse Luxury Group after four and a half years of litigation.  Since the announcement, the alleged counterfeiter, Griffith Suisse has disputed Versace's victory stating that the matter was settled "wherein both parties agreed not to pursue legal action against each other."  With respect to the 2011 lawsuit filed against online auction house, eBay over similar matters - that is being appealed after California state trial court dismissed Griffith Suisse claims.  Read Griffith Suisse's statement after the jump.

After Four and a Half Years, Versace Wins Counterfeit Lawsuit [UPDATED]

Versace won a lawsuit against Griffith Suisse Luxury Group yesterday after four and a half years of litigation.  The lawsuit was filed over Griffith Suisse Luxury Group selling counterfeit Versace items on eBay from the Phillipines and Australia.  Versace CEO, Gian Giacomo Ferraris told WWD that he was pleased with the ruling and "counterfeit goods not only bring a dilution to the brand, but are connected to organized crime, child labor and harmful working conditions."

Further, in order to combat counterfeits, authentic Versace products now carry a Certilogo code, which allows customers to verify the authenticity of their purchase online.